Non-farm "Pseudo-Positive" Impact on the Crypto Market: Slightly Bullish but Caution Needed

Core Analysis: November non-farm data is a "weak inside, strong outside" pseudo-positive — 64,000 new jobs slightly above expectations, but in reality, people are forced to work multiple part-time jobs (adding up to 910,000 part-time workers). The unemployment rate rose to 4.6% (a four-year high), employment growth is lagging behind demand, and industries are extremely polarized. Essentially, the job market is cooling down.

Impact on the Crypto Market: Slightly positive but with limited strength. Weak employment data reinforces the Fed's dovish expectations, indicating that the rate cut pace will not accelerate. A weaker dollar provides liquidity support for risk assets, and Bitcoin and other cryptocurrencies have shown signs of stabilization and rebound. However, it should be noted that the data does not provide clear directional guidance, and the market is focusing on upcoming CPI data. In the short term, expect continued volatility.

Trading Tips: Short-term focus on the key range of 85,000-89,000. Reduce leverage, control positions, and wait for inflation data to confirm the trend before taking action.
The following short-term strategies do not constitute investment advice:

1. Buy low at 85,500-86,000, reduce positions at 88,000-89,000, keep leverage within 3x during volatile periods, and wait for CPI to set the direction ~#BTC
2. Employment data "weak inside, strong outside," dovish Fed expectations support the crypto market! Support levels for BTC at 85,500/82,000, resistance at 89,000/94,000, contract leverage ≤3x, stop loss no more than 2% ~@E0~ short-term trading
3. Non-farm data struggles to break the oscillation pattern! BTC fluctuates around 86,000-89,000, buy low and avoid chasing highs, reduce positions immediately if broken, and wait for inflation data to guide the direction ~#CryptoStrategy